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EU to give Greenland a cash boost amid Trump annexation drive
1+ hour, 53+ min ago (447+ words) NUUK, Sept 6 (Reuters) – European Commission President Ursula von der Leyen is expected to unveil on Monday a boost in EU investments in Greenland and closer political ties with the Danish Arctic territory, which Donald Trump has insisted should belong to…...
Tesla’s Cybercab event set for Thursday, with few details
3+ day, 15+ hour ago (593+ words) By Chris Kirkham and Akash Sriram Sept 3 (Reuters) – Tesla will unveil its two-seater Cybercab at an event in Texas on Thursday, offering a closer look at the autonomous vehicle that CEO Elon Musk has said is key to transforming the…...
Volvo Cars to close Stockholm office in efficiency drive
6+ day, 15+ hour ago (166+ words) HELSINKI, Aug 31 (Reuters) – Sweden’s Volvo Cars said on Monday it will close its Stockholm office, where 450 people currently work, relocating responsibilities to its Gothenburg headquarters as part of an effort to cut costs and boost efficiency. The carmaker, majority owned…...
Xpeng’s robotics unit valued at over $6.3 billion after record funding round | 1330 & 101.5 WHBL
1+ week, 6+ day ago (185+ words) BEIJING, Aug 24 (Reuters) – Chinese automaker Xpeng said on Monday its robotics unit had raised more than $900 million in its first funding round, setting a new record for a single private financing in China’s embodied AI sector. The funding round, led…...
Tesla and others begin record vehicle recall in China
2+ week, 2+ day ago (452+ words) By Qiaoyi Li and Ju-min Park BEIJING, Aug 21 (Reuters) – Tesla and 10 other automakers launched software updates on Friday and said they would recall nearly 4.3 million vehicles over concerns it may be difficult to open doors in an emergency, in China’s…...
China hunts for lunar ice in one of solar system’s coldest places
2+ week, 3+ day ago (699+ words) By Ethan Wang, Shi Bu and Ryan Woo BEIJING, Aug 21 (Reuters) – China is poised to launch Chang’e-7, its most technologically complex lunar mission to date, in its search for frozen stores of water in permanently shadowed craters near the moon’s…...
China’s WeRide eyes Australia, Southeast Asia among potential new markets after strong Q2
3+ week, 3+ day ago (428+ words) BEIJING, Aug 13 (Reuters) – Chinese autonomous driving firm WeRide is considering Australia, South Korea, Japan, and Southeast Asia as potential new markets for expansion, its chief executive said on Thursday. The expansion push comes as leading Chinese robotaxi firms race to…...
Battery cell production at Ohio plant to restart for GM EVs
3+ week, 4+ day ago (144+ words) DETROIT, Aug 12 (Reuters) – A factory jointly owned by General Motors and LG Energy Solution in northeast Ohio is scheduled to restart production of battery cells next week after a seven-month shutdown. On Monday, a majority of laid-off workers will resume making…...
SpaceX quarterly revenue surges in debut results but sales per subscriber fall
1+ mon, 2+ day ago (580+ words) Aug 4 (Reuters) – SpaceX said on Tuesday that quarterly revenue nearly doubled and operating losses narrowed sharply in its first earnings report since going public, buoyed by strong growth in its Starlink satellite-internet and AI businesses. It reported April-June revenue of…...
US weighs polysilicon price floor, tariffs to counter China in solar and chips
1+ mon, 2+ day ago (121+ words) whbl.com US weighs polysilicon price floor, tariffs to counter China in solar and chips Aug 4 (Reuters) – The Trump administration is preparing to set a price floor and impose tariffs on polysilicon and related products, according to four people familiar…...